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Bybit Rising Fund Joins Forces with Ceylon Cash to Ready Sri Lankan Youth for Web3-Enabled Economy

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Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is pleased to reveal the Sri Lankan chapter of the Bybit Rising Fund initiative in collaboration with Ceylon Cash, the driving force behind Web3Ceylon, Sri Lanka’s largest community-led blockchain education and adoption program. The joint initiative serves to promote Web3 literacy and empower the next generation of talent with a passion for blockchain technology and the digital economy.

Through Web3Ceylon, Bybit and Ceylon Cash will curate a series of educational seminars in Colombo (September 20, 2025), Galle (September 17, 2025), Kandy (September 28, 2025), and Ella (October 12, 2025) in Sri Lanka to build awareness and understanding of blockchain technologies. Newcomers, researchers, creators and builders stand to benefit from an effective and engaging introduction into the world of cryptocurrencies, distributed ledger technology, and on-chain security.

The four seminars aim to connect local builders, learners, and educators with experts at the forefront of blockchain innovation and safety, expanding access to the know-how and vision of a blockchain-enabled future for all, one city at a time.

Highlights

  • Up to 600 seats available across four cities in Sri Lanka
  • Knowledge transfer: Hands-on workshops and sessions on the basics of wallets, smart contracts, and building a Web3 project
  • In-depth insights: Industry insiders and innovators will share real-world case studies of blockchain, diving into the technology, application and utility, and business layers of the technology
  • Connecting with changemakers: Bringing together creators, builders, and entrepreneurs to shape the growth opportunities in Sri Lanka and meet the needs of local communities

Registration is required and subject to approval.

“At Bybit, we believe education is the first step toward building a sustainable Web3 future. Sri Lanka’s vibrant youth and entrepreneurial spirit make it an ideal place to nurture the next generation of blockchain innovators. Through this partnership with Ceylon Cash and Web3Ceylon, we aim to equip young people with the skills, knowledge, and opportunities they need to participate confidently in the digital economy and become active contributors to the global Web3 ecosystem,” said Nazar Tymoshchuk, Regional Manager at Bybit.

“We devise the seminars with everyone in mind: the speakers will cover everything from the basics to the technical aspects. Whether you are a developer eager to kick start your blockchain journey, a small business owner curious about crypto payments, or a student preparing yourself for the future of Web3, we have something to offer,” said Nisal Chandrasekara, Community Lead at Ceylon Cash.

With a fast-growing digital economy, high mobile penetration, and rising interest in blockchain and cryptocurrencies, Sri Lanka is well positioned to capture the transformative opportunities in Web3. As part of Bybit’s World Series of Trading (WSOT) 2025, the Bybit Rising Fund supports community-led initiatives that benefit local Web3 enthusiasts, builders, and educators.  

The Bybit Rising Fund is part of a community outreach program under WSOT 2025, to improve the access to and the quality of blockchain education in local communities. Registration is required for all events and subject to approval.

#Bybit / #TheCryptoArk  

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media

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Evolution Auto Unveils the AVATR 07 Luxury Intelligent SUV in Sri Lanka

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Evolution Auto (Pvt) Ltd officially unveiled the all new AVATR 07 at an exclusive launch event held at the Sangam Ballroom, ITC Ratnadipa, introducing a new expression of luxury intelligent mobility to Sri Lanka.

Presented under the philosophy “Built for those who notice,” the AVATR 07 combines distinctive design, sophisticated comfort, advanced digital intelligence and innovative electric vehicle technology. Its introduction further strengthens Evolution Auto’s premium vehicle portfolio and reflects the company’s commitment to bringing globally recognised new energy vehicles to Sri Lankan motorists.

AVATR is built on the combined strengths of three globally established technology leaders: Changan Automobile, Huawei and CATL. Changan brings more than 160 years of automotive engineering and manufacturing heritage, while Huawei contributes advanced smart cabin technology, intelligent driving systems and connected vehicle capabilities. CATL, the world’s largest battery manufacturer, supports the brand with advanced battery and energy technology.

Designed under the direction of Chief Design Officer Nader Faghihzadeh, the AVATR 07 features elegant golden ratio proportions, sculpted bodywork and a confident road presence. Its aerodynamic exterior achieves an ultra low drag coefficient of 0.259, helping enhance efficiency while creating a sleek and futuristic appearance.

The AVATR 07 is powered by a rear mounted electric motor that produces 365 Nm of torque and is paired with an 82.16 kWh CATL lithium iron phosphate battery. It delivers a driving range of up to 575 kilometres under NEDC testing conditions, providing the flexibility required for both everyday urban travel and longer journeys.

As the automotive industry moves towards Software-Defined Vehicles, computing power is becoming increasingly important. TOPS (Trillion Operations Per Second) indicates a vehicle’s theoretical AI processing capability, with the AVATR 07 offering 100 TOPS, reinforcing its position as one of the smartest SUVs available in Sri Lanka. The system works together with a comprehensive 27 sensor array to continuously interpret the vehicle’s surroundings in real time.

Inside, the AVATR 07 presents a carefully crafted cabin designed around comfort, technology and personalisation. The interior features premium Nappa leather upholstery, a panoramic glass roof with an electric sun shade and industry-leading optical surround ambient lighting, creating a refined atmosphere for both drivers and passengers.

Dual zero gravity front seats equipped with an eight point SPA massage function provide enhanced comfort, particularly during longer journeys. The vehicle’s digital experience is led by a 35.4 inch 4K panoramic display and a 15.6 inch central touchscreen, giving occupants convenient access to information, entertainment and vehicle functions.

Wireless Apple CarPlay and Android Auto enable seamless smartphone connectivity, while optional smart digital rear view mirrors further enhance visibility and the vehicle’s advanced driving experience. A 16 speaker Avatr Premium 7.1 sound system completes the cabin with an immersive audio experience.

Commenting on the launch, Group CEO of Evolution Auto, Mr. Virann De Zoysa, said:

“The introduction of the AVATR 07 represents an important milestone for Evolution Auto and Sri Lanka’s premium electric vehicle market. It brings together exceptional automotive engineering, intelligent technology, advanced battery innovation and a truly refined luxury experience. Through AVATR, we aim to offer discerning Sri Lankan customers a new standard of intelligent mobility, paired with the trusted sales and after sales experience of Evolution Auto.”

Customers of the AVATR 07 will be supported through Evolution Auto’s dedicated multi brand showrooms, specialised electric vehicle after sales facilities and nationwide Sterling After Care support network. This integrated support structure is designed to provide customers with professional guidance, reliable maintenance and greater confidence throughout their electric vehicle ownership journey.

With the launch of the AVATR 07, Evolution Auto continues to strengthen its position within Sri Lanka’s rapidly developing electric mobility sector while expanding the range of premium and technologically advanced vehicles available to local customers.

Combining sophisticated design, refined interior comfort, intelligent safety systems and advanced electric performance, the AVATR 07 introduces a bold new benchmark for luxury intelligent mobility in Sri Lanka.

Customers interested in experiencing the AVATR 07 may contact Evolution Auto for further information, call 0744112132 or visit www.avatr.lk for test drive reservations.

Evolution Auto: Sri Lanka’s largest Premium EV Portfolio

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TicketsMinistry Becomes the First Sri Lankan Built Ticketing Platform to Launch in the Gulf

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Sri Lankan online ticketing platform TicketsMinistry has launched operations in the United Arab Emirates, becoming the first Sri Lankan-built ticketing platform to enter the Gulf market.

Developed by Tickets M (Pvt) Ltd, TicketsMinistry has sold over 500,000 tickets across more than 1,000 events in Sri Lanka and works with over 600 event partners. The platform allows organisers to sell tickets online, manage entry and track sales in real time.

With the UAE launch, organisers of concerts, cultural shows, sporting events and community gatherings in the Emirates can now use the platform. The move is also expected to give the UAE’s large Sri Lankan community easier access to Sri Lankan concerts and cultural events.

“This is a proud moment for Sri Lankan innovation. Our platform was built by Sri Lankan talent, and it is now competing in one of the world’s most dynamic event markets. The UAE is the first step in our plan to grow TicketsMinistry into a global ticketing brand,” said Bhanuka Weerasinghe, Director of TicketsMinistry.

The company said it plans to expand into further international markets following the UAE launch.

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“Sri Lanka has my heart,” says youngest traveler to visit 195 countries

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Cameron Mofid, widely recognized as the youngest person to have visited all 195 countries, has praised Sri Lanka, describing it as a destination offering diverse experiences despite its relatively small size.

Speaking in a podcast episode shared on his social media, Mofid said he preferred his experience in Sri Lanka to those in Nepal and Malaysia.

“Sri Lanka has my heart. It’s like lush landscapes, beautiful. So much nature, wildlife, very underrated,” Mofid said.

“Sri Lanka is awesome. It’s so small but there is so much to do and see, it’s inexpensive and the people are awesome,” he added.

He also said he did not encounter pollution or scams during his time in Sri Lanka, unlike some other countries he visited.

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